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PC-SS Oil Gas Mineral Management PC1543-Print
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SPECIAL SERVICES
OIL, GAS AND MINERAL MANAGEMENT
Specialized Oil, Gas and Mineral Solutions
Rarely does a business segment require such specialized management as oil and gas. We have partnered with one of the largest independent mineral management companies in the United States to provide a robust lineup of mineral services, including but not limited to improved marketing techniques, curative title work, valuations, mineral sales and acquisitions, etc., to bring the best out of your property holdings. Like any investment, your mineral interests should fit into your overall goals for your family’s investment and financial plan. Our staff handles your properties in a coordinated fashion commensurate with your needs and circumstances, providing practical solutions to help optimize your overall wealth. We typically handle all forms of mineral and royalty interests held in fiduciary and agency accounts. NON-OPERATED WORKING INTERESTS Process all revenue Monitor gas balancing Technical review of well participation by engineers when needed Monitor compliance with gas sales and gathering contracts in force and effect MINERALS (ROYALTY, OVERRIDING ROYALTY AND UNLEASED INTERESTS) Negotiate terms and lease form clauses Recommend action Receive and record rental payments Monitor compliance of oil and gas lease provisions Maintain all files Receive and process all division orders with verification of ownership decimal
Prepare and send documents for recording Log income/production information on gross and net basis Review, prepare and process all division orders Receive Authorization for Expenditure (AFE) and perform technical review Evaluate alternatives to proposals Prepare written recommendations for significant well/workover proposals Review and process all joint interest billings (JIBs) received Provide for approval all JIBs
Compute Production Payment Interest (PPI) Monitor deduction for post production activities Monitor sales of oil and gas Maintain mineral inventory Provide income/expense reports as requested Calculate depletion if requested Record royalty income, purchaser, taxes and production by product Provide year-end tax worksheets
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Wealth | Investments | Planning Commerce Trust Company
Commerce Trust Company is a division of Commerce Bank. CTC0717-PC1543
NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE